Should I Make My Vacation Rental Property an LLC?
If you’re familiar with Uber, Airbnb, DoorDash, or Care.com, then you’re already well acquainted with the gig economy. This emerging phenomenon has gained a lot of traction in recent years as many people decide to make extra cash in new ways like food delivery or vacation home rentals.
Read more →
AL- Holiday Rental Licence procedure explained by afpop With the kind permission of afpop, the below information about Alojamento Local - short-term accommodation for tourists - normally is available only to afpop Members but is reproduced to show non-members the type of detailed information that is available.
Afpop’s Information Bulletin system is a comprehensive source of information on a wide ranging list of subjects, from car importation and setting up a bank account, to Wills, IRS payments and includes sections on motoring, health, property rental and purchasing, inheritance planning and many more.
Read more →
Long debated in Parliament. Finally, they have reached a verdict. The scary part that short time rentals would be restricted to 90 days was not approved
Below you will find the new law which will come into effect 60 days after being approved.
Recent legislative reforms have created tighter rules for operators of Local Lodging establishments.
Read more →
New laws passed this week by the leftist parties in Parliament has seen local councils and home owners’ associations or condominiums handed extensive powers in regulating and restricting the number apartments that can qualify for local lodging licences (Alojamento Local - AL). The decision has already been criticised by associations representing landlords, saying the move is a step in the wrong direction and will have a negative impact on tourism.
Read more →
Diário da República, 1st Series— Nº 178 — September 14, 2009
ECONOMY AND INNOVATION MINISTRY Decree-Law nº 228/2009 of September 14
[…]
ANNEX Republication of Decree-Law nº 39/2008 of March 7
CHAPTER I General provisions
Article 1 Object
This decree-law enacts legislation governing the setting up, running and functioning of tourism enterprises.
Read more →
Local Lodging and another clampdown on illegal rentals Local Lodging has finally come into its own. Known internationally as “self-catering accommodations”, new statutes regulating this business are solely dedicated to the activity in its own right, rather than being seen as an afterthought to general tourism as in the past. Simplification The initial legislative goal was to simplify, an end admirably achieved.
Read more →
Letter to me of one of my clients:
Dear Business Partners,
You probably remember about 6 months ago I shared with you the “inside information” I got at that time concerning the future strategy of the most feared (economical) Portuguese police force ASAE in relation to their “hunt for so called illegal tourist beds”.
Read more →
